Bitcoin once again broke a historic mark
this Wednesday by
exceeding US$60,000
, in a market marked by the expectation of a new halving. So far this day alone,
its price has climbed 5%, which adds up to a jump in February of more than 42%.
The kick-off of this
bullish rally was the approval on January 11
by the United States regulator of
bitcoin ETFs,
with daily volumes close to US$2 billion in the last two days.
In total, there are 9 ETFs associated with the digital currency in operation.
BlackRock's iShares Bitcoin ETF (IBIT) recorded more than 100,000 individual trades on February 27, above the daily average of between 30,000 and 60,000 trades.
With these new values,
the most famous crypto is "one step away" from its historical mark of US$69,000
.
The last time Bitcoin traded above $60,000 was on November 12, 2021, when Bitcoin began its pullback, falling more than 67% to the macro low of $19,297 in early April 2022.
"There is speculation that Bitcoin will reach US$150,000 by the end of this year and US$1.5 million by the end of the decade, but the truth is that any number is uncertain, especially in this context. It is already evident that 2024 will be without a doubt one of the most important years in the history of BTC, the main cryptocurrency in the market," explained Sebastián Serrano, CEO and co-founder of Ripio.
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S.N.